TOKYOPOP Taps Former Fox and Universal Pros for Two Key Executive Positions

Date: Thursday, November 20, 2003

Bill Josey Becomes Company's General Counsel & VP, Business Affairs and Masashi

'Sho' Matsuhashi Joins as Tokyo Office General Manager



Los Angeles, CA (November 19, 2003)--In an effort to support its continued

exponential growth, TOKYOPOP Inc. has hired Bill Josey and Masashi 'Sho' Matsuhashi

for the positions of General Counsel & VP, Business Affairs and Tokyo Office General

Manager, respectively. This move marks the first of several new additions planned

for the leading U.S. manga publisher after another year of doubled revenue.



Bill Josey contributes more than 25 years of business and legal experience in the

entertainment industry. Prior to joining TOKYOPOP, he served as Vice President of

Business and Legal Affairs at Fox Television Studios, where his principal

responsibilities included negotiation of rights, talent, licensing and co-production

agreements. His experience also includes senior executive business affairs posts at

Saban Entertainment/Fox Family Worldwide, MGM/UA and other major Hollywood entities.

In his newly-created position at TOKYOPOP, Josey will participate in the company's

expansion into TV and film, as well as assume a variety of business and legal

functions previously outsourced.



Masashi 'Sho' Matsuhashi also comes to TOKYOPOP with a wealth of entertainment

industry experience. Most recently, he was General Manager, Business Operations

Division for Virgin Cinemas Japan, with responsibility for all company sales--20

billion yen annually--and the entire nationwide theater chain of more than 500

personnel. Matsuhashi's previous roles include high-level general management

positions with Universal Studios Japan, Disney Interactive Japan and GAGA

Communications, Inc. As Tokyo Office General Manager, Matsuhashi will create,

nurture and maximize opportunities through current and future relationships, with a

focus on acquisitions, property development, co-productions, sales expansion and

investor relations.



"This is a tremendous time of growth for our company, and we could not find two

better candidates to help further and expand this success," said John Parker,

President & COO. "Bill Josey and Sho Matsuhashi will be integral in taking TOKYOPOP


to the next level as a truly convergent entertainment conglomerate."





ABOUT TOKYOPOP Inc.

TOKYOPOP Inc. is the leading North American publisher of manga, the fastest growing

segment within the publishing industry. With exclusive rights to hundreds of

licensed and original book, video and music properties, the company has rapidly

become a media convergence leader. TOKYOPOP has millions of books in print and

publishes many hit manga series, including Love Hina, Chobits, Rave Master, Initial

D, GTO, Battle Royale and Cowboy Bebop. The company pioneered Cine-Manga(tm),

releasing such titles as Finding Nemo, SpongeBob SquarePants, Lizzie McGuire and

Transformers Armada. TOKYOPOP television properties include Rave Master, GTO and

Reign: The Conqueror. The company has also expanded its presence as a licensor,

representing merchandising rights for Rave Master, Initial D, Stray Sheep and

others. Visit www.TOKYOPOP.com for additional information.